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 Thanks To Destructive Statists, Shares In German Utilities Fall As Government Confirms Nuclear Exit

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CovOps

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Thanks To Destructive Statists, Shares In German Utilities Fall As Government Confirms Nuclear Exit  Vide
PostSubject: Thanks To Destructive Statists, Shares In German Utilities Fall As Government Confirms Nuclear Exit    Thanks To Destructive Statists, Shares In German Utilities Fall As Government Confirms Nuclear Exit  Icon_minitimeMon May 30, 2011 5:47 am

Shares in German power utilities E.ON (EOAN.XE) and RWE AG (RWE.XE) fell sharply Monday after the government last night said it will accelerate the gradual phase-out of all nuclear power production by 2022, marking a drastic u-turn from its 2010 decision to extend the operating lives of Germany's 17 nuclear reactors.

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Thanks To Destructive Statists, Shares In German Utilities Fall As Government Confirms Nuclear Exit

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